David Orrell: Economy

David Orrell is Canadian mathematician. Explore interesting quotes on economy.

David Orrell: 52 quotes0 likes

“The economy is crooked not straight; and mainstream economists are like flat-earthers who keep saying the world is flat despite all the evidence to the contrary.”

Source: The Other Side Of The Coin (2008), Chapter 7, Straight Versus Crooked, p. 228

“The economy is a nonlinear fractal system, where the smallest scales are linked to the largest, and the decisions of the central bank are affected by the gut instincts of the people on the street.”

Source: The Other Side Of The Coin (2008), Chapter 7, Straight Versus Crooked, p. 229

“To balance the economy, we need first to balance our priorities, and abandon rigid ideologies.”

Source: The Other Side Of The Coin (2008), Chapter 10, Good Versus Evil, p. 313

“To build a genuinely sustainable economy, we need to recognize and embrace the dynamic nature of the world, and free ourselves from the dead holds of static dogma.”

Source: The Other Side Of The Coin (2008), Chapter 6, At Rest Versus In Motion, p. 200

“The entire thrust of neoclassical thought is to argue that the free market economy is an efficient system that will optimize utility for all mankind, if only government will get out of the way. It therefore departs from classical economists such as Adam Smith, who recognized the importance of governments for regulating markets and preventing monopolies.”

Source: The Other Side Of The Coin (2008), Chapter 9, Square Versus Oblong, p. 284